As a long-time developer and consumer of OSS I have to disagree. Open-source software has had an enormous effect on the world, and that... was kind of the point? When we licensed things as MIT we knew that corporations would use it. We wanted them to use them, adopt them and bring new users into the community. You take some, you give back. There was no expectation of turning your late-afternoons JS framework into a business. And not having access to it would absolutely not have stopped corporate behemoths from getting where they are, but would have killed many small businesses and startups.
That said, I've started licensing some of my code with the BUSL license [1] - unrestricted use, unless you are a large company. The code becomes MIT-licensed automatically after a set window to remove maintainability concerns.